19 June 2020

Corona Matching Facility and package of measures for start-ups and SMEs

After a long waiting period, the 2 billion-euro package of measures has now been implemented in both pillars. The measures have been designed to provide financial support for innovative start-ups and young technology and growth companies so as to bridge the gap left by Corona aid, where start-ups and SMEs were not duly covered. Applications for VC funds in pillar I can be submitted since May 2020, the implementation of pillar II throughout Germany has already commenced. Applications from start-ups are expected to be accepted as of the beginning of July 2020.

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Contact person

Dr. Katy Ritzmann

Partner*

+49 30 203907-422

katy.ritzmann@gsk.de

Dr. Thomas Derlin, LL. M.

Partner*

+49 30 203907-0

thomas.derlin@gsk.de

Dr. Markus Söhnchen

Partner*

+49 69 71003-0

markus.soehnchen@gsk.de

* Partner: a partner within the meaning of the German Partnership Companies Act.
   Local Partner: not a partner within the meaning of the German Partnership Companies Act.
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